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Find the principal on amount Rs. 11,800 at 6% per annum for 3 years being simple interest annually.
Question

Find the principal on amount Rs. 11,800 at 6% per annum for 3 years being simple interest annually.

A.

Rs. 8,000

B.

Rs. 9000

C.

Rs. 10,000

D.

Rs.9,500

E.

Answer not known 

Correct option is C

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